Web3 IPOs remain hot with Gemini’s '20X oversubscribed,' Figure debut jumping 24%

Web3 IPOs remain hot with Gemini’s '20X oversubscribed,' Figure debut jumping 24%

The crypto exchange capped proceeds at $425 million after reportedly halting new orders, with Nasdaq among its investors. Gemini’s upcoming initial public offering (IPO), expected Friday, has reportedly been oversubscribed more than 20 times, as crypto and blockchain companies continue to attract investor attention. According to Reuters on Thursday, citing people familiar with the matter,…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the Polygon Foundation said it has restored consensus and finality functions after a software bug knocked some nodes out of sync. US SEC Chair…

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